highfields solar limited
highfields solar limited Company Information
Company Number
08272424
Website
highfieldsolar.comRegistered Address
c/o foresight group llp, the shard, london, SE1 9SG
Industry
Production of electricity
Telephone
+35315241175
Next Accounts Due
September 2024
Group Structure
View All
Directors
David Goodwin0 Years
Shareholders
fs highfields ltd 100%
highfields solar limited Estimated Valuation
Pomanda estimates the enterprise value of HIGHFIELDS SOLAR LIMITED at £4.7m based on a Turnover of £2.2m and 2.08x industry multiple (adjusted for size and gross margin).
highfields solar limited Estimated Valuation
Pomanda estimates the enterprise value of HIGHFIELDS SOLAR LIMITED at £12.4m based on an EBITDA of £2m and a 6.29x industry multiple (adjusted for size and gross margin).
highfields solar limited Estimated Valuation
Pomanda estimates the enterprise value of HIGHFIELDS SOLAR LIMITED at £0 based on Net Assets of £-4.7m and 2.69x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Highfields Solar Limited Overview
Highfields Solar Limited is a live company located in london, SE1 9SG with a Companies House number of 08272424. It operates in the production of electricity sector, SIC Code 35110. Founded in October 2012, it's largest shareholder is fs highfields ltd with a 100% stake. Highfields Solar Limited is a established, small sized company, Pomanda has estimated its turnover at £2.2m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Highfields Solar Limited Health Check
Pomanda's financial health check has awarded Highfields Solar Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
1 Weak
Size
annual sales of £2.2m, make it larger than the average company (£1.3m)
£2.2m - Highfields Solar Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (4.9%)
14% - Highfields Solar Limited
4.9% - Industry AVG
Production
with a gross margin of 92.2%, this company has a lower cost of product (70.5%)
92.2% - Highfields Solar Limited
70.5% - Industry AVG
Profitability
an operating margin of 59.6% make it more profitable than the average company (45.7%)
59.6% - Highfields Solar Limited
45.7% - Industry AVG
Employees
with 8 employees, this is above the industry average (3)
- Highfields Solar Limited
3 - Industry AVG
Pay Structure
on an average salary of £72.2k, the company has an equivalent pay structure (£72.2k)
- Highfields Solar Limited
£72.2k - Industry AVG
Efficiency
resulting in sales per employee of £279.3k, this is equally as efficient (£316k)
- Highfields Solar Limited
£316k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is near the average (16 days)
17 days - Highfields Solar Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 81 days, this is slower than average (22 days)
81 days - Highfields Solar Limited
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Highfields Solar Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is more cash available to meet short term requirements (8 weeks)
17 weeks - Highfields Solar Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 141.3%, this is a higher level of debt than the average (94.7%)
141.3% - Highfields Solar Limited
94.7% - Industry AVG
HIGHFIELDS SOLAR LIMITED financials
Highfields Solar Limited's latest turnover from December 2022 is £2.2 million and the company has net assets of -£4.7 million. According to their latest financial statements, we estimate that Highfields Solar Limited has 8 employees and maintains cash reserves of £306.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,234,213 | 1,472,966 | 1,421,980 | 1,524,682 | 1,527,881 | 1,340,691 | 1,619,346 | 1,219,897 | 1,012,879 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 173,623 | 199,453 | 163,161 | 132,403 | 167,485 | 545,207 | 175,063 | 168,742 | 172,267 | |
| Gross Profit | 2,060,590 | 1,273,513 | 1,258,819 | 1,392,279 | 1,360,396 | 795,484 | 1,444,283 | 1,051,155 | 840,612 | |
| Admin Expenses | 729,127 | 717,792 | 776,114 | 694,204 | 1,067,366 | 770,998 | 788,320 | 588,367 | 372,491 | |
| Operating Profit | 1,331,463 | 555,721 | 482,705 | 698,075 | 293,030 | 24,486 | 655,963 | 462,788 | 468,121 | |
| Interest Payable | 1,181,693 | 1,179,696 | 1,165,908 | 1,195,801 | 1,133,411 | 1,133,411 | 1,133,411 | 1,275,088 | 642,784 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 29 | 196 | 458 | 0 | |
| Pre-Tax Profit | 149,770 | -623,975 | -683,203 | -497,726 | -840,381 | -1,108,896 | -477,252 | -811,842 | -174,663 | |
| Tax | -23,571 | 235,694 | 117,308 | 0 | -483,967 | 483,967 | 5,558 | 0 | 0 | |
| Profit After Tax | 126,199 | -388,281 | -565,895 | -497,726 | -1,324,348 | -624,929 | -471,694 | -811,842 | -174,663 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 126,199 | -388,281 | -565,895 | -497,726 | -1,324,348 | -624,929 | -471,694 | -811,842 | -174,663 | |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Number Of Employees | ||||||||||
| EBITDA* | 1,972,133 | 1,226,843 | 1,130,912 | 1,321,251 | 870,489 | 601,945 | 1,233,421 | 1,040,058 | 913,227 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,451,274 | 10,994,911 | 11,643,888 | 12,029,935 | 11,681,718 | 12,638,557 | 12,836,636 | 13,414,094 | 13,975,707 | 6,702,574 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 10,451,274 | 10,994,911 | 11,643,888 | 12,029,935 | 11,681,718 | 12,638,557 | 12,836,636 | 13,414,094 | 13,975,707 | 6,702,574 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 105,063 | 139,175 | 5,578 | 100,831 | 93,389 | 120,214 | 78,256 | 225,002 | 85,662 | 11,923 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 66,249 | 0 | 0 | 0 |
| Misc Debtors | 611,091 | 551,659 | 313,404 | 205,254 | 125,777 | 109,965 | 119,014 | 94,896 | 856,860 | 0 |
| Cash | 306,652 | 95,505 | 128,786 | 198,563 | 189,271 | 101 | 356,314 | 24,497 | 279,027 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 104,587 | 0 | 0 | 0 | 0 |
| total current assets | 1,022,806 | 786,339 | 447,768 | 504,648 | 408,437 | 334,867 | 619,833 | 344,395 | 1,221,549 | 11,923 |
| total assets | 11,474,080 | 11,781,250 | 12,091,656 | 12,534,583 | 12,090,155 | 12,973,424 | 13,456,469 | 13,758,489 | 15,197,256 | 6,714,497 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 38,957 | 41,675 | 2,271 | 1,322,911 | 62,577 | 12,792 | 15,944 | 50,106 | 306,703 | 6,714,397 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 620,040 | 1,152,683 | 0 | 0 | 1,153,653 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 49,374 | 43,849 | 41,568 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 204,395 | 147,757 | 1,235,682 | 0 | 113,662 | 876,021 | 730,985 | 527,149 | 897,477 | 0 |
| total current liabilities | 912,766 | 1,385,964 | 1,279,521 | 1,322,911 | 1,329,892 | 888,813 | 746,929 | 577,255 | 1,204,180 | 6,714,397 |
| loans | 2,253,508 | 2,173,850 | 2,230,986 | 1,898,270 | 28,335,278 | 14,167,639 | 14,167,639 | 14,167,639 | 14,167,639 | 0 |
| hp & lease commitments | 1,126,754 | 1,086,925 | 1,115,493 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 14,167,639 | 14,167,639 | 14,167,639 | 14,167,639 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 15,294,393 | 15,254,564 | 15,283,132 | 15,116,774 | 14,167,639 | 14,167,639 | 14,167,639 | 14,167,639 | 14,167,639 | 0 |
| total liabilities | 16,207,159 | 16,640,528 | 16,562,653 | 16,439,685 | 15,497,531 | 15,056,452 | 14,914,568 | 14,744,894 | 15,371,819 | 6,714,397 |
| net assets | -4,733,079 | -4,859,278 | -4,470,997 | -3,905,102 | -3,407,376 | -2,083,028 | -1,458,099 | -986,405 | -174,563 | 100 |
| total shareholders funds | -4,733,079 | -4,859,278 | -4,470,997 | -3,905,102 | -3,407,376 | -2,083,028 | -1,458,099 | -986,405 | -174,563 | 100 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 1,331,463 | 555,721 | 482,705 | 698,075 | 293,030 | 24,486 | 655,963 | 462,788 | 468,121 | |
| Depreciation | 640,670 | 671,122 | 648,207 | 623,176 | 577,459 | 577,459 | 577,458 | 577,270 | 445,106 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -23,571 | 235,694 | 117,308 | 0 | -483,967 | 483,967 | 5,558 | 0 | 0 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 25,320 | 371,852 | 12,897 | 86,919 | -11,013 | -33,340 | -56,379 | -622,624 | 930,599 | 11,923 |
| Creditors | -2,718 | 39,404 | -1,320,640 | 1,260,334 | 49,785 | -3,152 | -34,162 | -256,597 | -6,407,694 | 6,714,397 |
| Accruals and Deferred Income | 56,638 | -1,087,925 | 1,235,682 | -113,662 | -762,359 | 145,036 | 203,836 | -370,328 | 897,477 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,977,162 | 42,164 | 1,150,365 | 2,381,004 | -315,039 | 1,261,136 | 1,465,032 | 1,035,757 | -5,527,589 | |
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -532,643 | 1,152,683 | 0 | -1,153,653 | 1,153,653 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 79,658 | -57,136 | 332,716 | -26,437,008 | 14,167,639 | 0 | 0 | 0 | 14,167,639 | 0 |
| Hire Purchase and Lease Commitments | 45,354 | -26,287 | 1,157,061 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 14,167,639 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | -1,181,693 | -1,179,696 | -1,165,908 | -1,195,801 | -1,133,411 | -1,133,382 | -1,133,215 | -1,274,630 | -642,784 | |
| cash flow from financing | -1,589,324 | -110,436 | 323,869 | -14,618,823 | 14,187,881 | -1,133,382 | -1,133,215 | -1,274,630 | 13,524,855 | |
| cash and cash equivalents | ||||||||||
| cash | 211,147 | -33,281 | -69,777 | 9,292 | 189,170 | -356,213 | 331,817 | -254,530 | 279,027 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 211,147 | -33,281 | -69,777 | 9,292 | 189,170 | -356,213 | 331,817 | -254,530 | 279,027 | 0 |
highfields solar limited Credit Report and Business Information
Highfields Solar Limited Competitor Analysis
Perform a competitor analysis for highfields solar limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
highfields solar limited Ownership
HIGHFIELDS SOLAR LIMITED group structure
Highfields Solar Limited has no subsidiary companies.
Ultimate parent company
FORESIGHT SOLAR FUND LIMITED
#0071202
2 parents
HIGHFIELDS SOLAR LIMITED
08272424
highfields solar limited directors
Highfields Solar Limited currently has 1 director, Mr David Goodwin serving since Oct 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Goodwin | England | 37 years | Oct 2023 | - | Director |
P&L
December 2022turnover
2.2m
+52%
operating profit
1.3m
+140%
gross margin
92.3%
+6.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-4.7m
-0.03%
total assets
11.5m
-0.03%
cash
306.7k
+2.21%
net assets
Total assets minus all liabilities
Similar Companies
highfields solar limited company details
company number
08272424
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
October 2012
age
12
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
c/o foresight group llp, the shard, london, SE1 9SG
last accounts submitted
December 2022
highfields solar limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to highfields solar limited.
highfields solar limited Companies House Filings - See Documents
| date | description | view/download |
|---|
